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  • BharatPe forays into consumer fintech space with P2P product 12% Club Aug 24, 2021 04:41 PM IST

    BharatPe forays into consumer fintech space with P2P product 12% Club

    BharatPe aims to achieve an investment AUM of $100 million and a lending AUM of $50 million from 12% Club by the end of FY22. The upper limit for investments by an individual has been set at Rs 10 lakh, which will be increased to Rs 50 lakh over the next few months.

  • Exclusive | When you grow, you have friends, frenemies, and enemies. The truth is I am a shopkeeper's best friend: BharatPe's Ashneer Grover Aug 19, 2021 05:42 PM IST

    Exclusive | When you grow, you have friends, frenemies, and enemies. The truth is I am a shopkeeper's best friend: BharatPe's Ashneer Grover

    In the last of this two-part interview with Moneycontrol, Ashneer Grover, co-founder and managing director, BharatPe, talks about small businesses and lending during COVID times. He also reacts to the company's alleged one-man show culture.

  • EXCLUSIVE: Every fintech will have to do lending to make money in India: BharatPe's Ashneer Grover Aug 19, 2021 04:32 PM IST

    EXCLUSIVE: Every fintech will have to do lending to make money in India: BharatPe's Ashneer Grover

    In the first of this two-part exclusive interaction with Moneycontrol, Ashneer Grover, co-founder and managing director, BharatPe, talks about the future of lending, new consumer lending product PostPe, and much more. He believes the rate at which UPI transactions are growing, those doing cards business are headed for trouble.

  • BharatPe raises Rs 200 crore in debt from IIFL, Northern Arc Aug 19, 2021 04:29 PM IST

    BharatPe raises Rs 200 crore in debt from IIFL, Northern Arc

    The finetch startup has set a target to raise $700 million in debt over the next two years to facilitate this credit growth, Chief Executive Officer Suhail Sameer has said

  • BharatPe joins unicorn club, raises $370 million at a valuation of $2.85 billion Aug 04, 2021 08:12 AM IST

    BharatPe joins unicorn club, raises $370 million at a valuation of $2.85 billion

    BharatPe was previously valued at over $900 million barely nine months ago. Of the $370 million, the secondary component is $20 million, giving an opportunity for its angel investors and employees to cash out.

  • BharatPe to raise $350 million for $2 billion valuation, on path for ‘unicorn’ status: Report Jul 29, 2021 10:12 AM IST

    BharatPe to raise $350 million for $2 billion valuation, on path for ‘unicorn’ status: Report

    The development comes ahead of BharatPe’s plans with Centrum Group to take over the Punjab and Maharashtra Co-operative Bank

  • BharatPe offers work-from-Dubai, BMW Superbike and Apple iPads to lure tech talent Jul 19, 2021 07:40 PM IST

    BharatPe offers work-from-Dubai, BMW Superbike and Apple iPads to lure tech talent

    The ccompany which offers fin-tech solutions for merchants plans to offer superbikes and Apple iPads among other things to triple its technology team.

  • BharatPe co-founder Ashneer Grover makes Rs 150 crore personal application in Zomato IPO Jul 16, 2021 05:19 PM IST

    BharatPe co-founder Ashneer Grover makes Rs 150 crore personal application in Zomato IPO

    The application to the Zomato IPO was made on July 16 via the HNI segment through Kotak Wealth Management.

  • BharatPe eyes $6 billion in annualised transaction processed value from POS business Jul 15, 2021 03:31 PM IST

    BharatPe eyes $6 billion in annualised transaction processed value from POS business

    BharatPe, which is the third largest player in private point of sale (POS) category, is also working on ramping up its reach by five times and sell 'BharatSwipe' in 80 cities across India by the end of the ongoing fiscal year, a statement said.

  • Exclusive Interview | There’s a trust deficit among PMC Bank depositors, we'll work hard to address it, says Centrum Group’s Jaspal Bindra Jun 20, 2021 12:23 PM IST

    Exclusive Interview | There’s a trust deficit among PMC Bank depositors, we'll work hard to address it, says Centrum Group’s Jaspal Bindra

    Centrum Group Executive Chairman Jaspal Bindra says new promoters may not need 120 days to operationalise the bank, as he shares with Moneycontrol the new management’s plans for PMC Bank, recovering bad loans and more

  • PMC Bank resolution | Bank will be up and running by 2021 Q4: BharatPe co-founder Ashneer Grover Jun 18, 2021 10:59 PM IST

    PMC Bank resolution | Bank will be up and running by 2021 Q4: BharatPe co-founder Ashneer Grover

    In a telephonic interaction with Moneycontrol from the United Kingdom, Ashneer Grover, co-founder and chief executive officer of BharatPe, talks about the plans going forward.

  • BharatPe acquires loyalty platform PAYBACK India from American Express, ICICI Investments Strategic Fund Jun 10, 2021 11:01 AM IST

    BharatPe acquires loyalty platform PAYBACK India from American Express, ICICI Investments Strategic Fund

    While BharatPe did not comment on the deal size, it is expected to be in the range of $28-30 million.

  • BharatPe becomes ICC's official partner for three years Jun 07, 2021 09:14 PM IST

    BharatPe becomes ICC's official partner for three years

    The ICC partnership is an organic extension to BharatPe’s existing brand strategy centred around cricket.

  • Soonicorn BharatPe raises Rs 50 crore in debt funding from Northern Arc Capital May 10, 2021 11:29 AM IST

    Soonicorn BharatPe raises Rs 50 crore in debt funding from Northern Arc Capital

    BharatPe's last institutional round of funding happened in February which valued the company at $900 million.

  • 23 startups and two funds: Bharat Pe founder Ashneer Grover is an avid investor Mar 24, 2021 02:57 PM IST

    23 startups and two funds: Bharat Pe founder Ashneer Grover is an avid investor

    As a compulsive investor, he is willing to talk to any startup founder and offer solutions using his own experience in a similar situation. Above all, as master of scaling up, he is keen to offer expertise, without any strings attached and minus an agenda

  • CEO Ashneer Grover opens up about BharatPe's bid to acquire Punjab and Maharashtra Cooperative Bank Feb 12, 2021 12:58 PM IST

    CEO Ashneer Grover opens up about BharatPe's bid to acquire Punjab and Maharashtra Cooperative Bank

    If the buyout succeeds, the plan is to turn PMC into a purely digital enterprise; will also help the company source cheap capital for lending

  • Founder-CEO Ashneer Grover on why BharatPe chose not to be a unicorn, for now  Feb 12, 2021 12:26 PM IST

    Founder-CEO Ashneer Grover on why BharatPe chose not to be a unicorn, for now 

    Ashneer Grover thinks BharatPe has achieved a lot but has a long way to go, the unicorn tag can be a distraction.

  • India has a new Soonicorn, BharatPe raises $108 million at $900 million valuation Feb 11, 2021 01:44 PM IST

    India has a new Soonicorn, BharatPe raises $108 million at $900 million valuation

    The round was led by existing investor Coatue Management. Other existing institutional investors, including Ribbit Capital, Insight Partners, Steadview Capital, Beenext, Amplo and Sequoia Capital, also participated in the round.

  • BharatPe moves closer to unicorn tag, raises $108 million in Series D funding Feb 11, 2021 09:17 AM IST

    BharatPe moves closer to unicorn tag, raises $108 million in Series D funding

    The funding round was led by the New York based hedge fund Coatue Management along with the participation of its six other investors including Ribbit Capital, Insight Partners, Steadview Capital, Beenext, Amplo and Sequoia Capital.

  • BharatPe confirms it is looking to acquire PMC Bank: Report Jan 18, 2021 07:11 PM IST

    BharatPe confirms it is looking to acquire PMC Bank: Report

    In an interview to CNBC-TV18, BharatPe said it was bidding for the lender with Centrum.

  • BharatPe to raise $150-200 million equity, $500 million debt in new fundraising round: Report Jan 05, 2021 03:15 PM IST

    BharatPe to raise $150-200 million equity, $500 million debt in new fundraising round: Report

    The first tranche of $100 million equity is targeted by March 2021

  • BharatPe eyes US $5 billion annualised transaction value from PoS business in FY 2021 Nov 26, 2020 09:44 PM IST

    BharatPe eyes US $5 billion annualised transaction value from PoS business in FY 2021

    Currently, the company offers this product in 10 cities of the country and plans to ramp it up to 40 cities by the end of the current financial year.

  • BharatPe goes all out lending to small businesses during COVID-19; aims to disburse Rs 1,000 cr in FY 20-21 Oct 01, 2020 01:03 PM IST

    BharatPe goes all out lending to small businesses during COVID-19; aims to disburse Rs 1,000 cr in FY 20-21

    At a time when traditional lenders have slowed down on their lending plans, fintech lenders like BharatPe have kept their taps on.

  • Exclusive: BharatPe chief business officer quits Jun 18, 2020 12:14 PM IST

    Exclusive: BharatPe chief business officer quits

    Agarwaal was responsible for BharatPe’s lending business, where it is currently disbursing about Rs 30 crore a month to offline retailers and merchants - the bulk of the company's customer base.

  • BharatPe gets Instalocate co-founder Ankur Jain as its new chief product officer Jun 01, 2020 12:49 PM IST

    BharatPe gets Instalocate co-founder Ankur Jain as its new chief product officer

    This is the fifth CXO position at BharatPe which has been steadily building its top leadership team to drive growth.

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